Corporate responsibility

Responsible actions and commitment

As one of the largest financial institutions in Switzerland, PostFinance takes its social, economic and environmental responsibility seriously by treating its customers, staff and society as a whole fairly.

Corporate responsibility is enshrined in our strategy. It’s an area that we consider in its entirety, which is to say we look at the environmental, economic and social aspects. We take our responsibility seriously, and view sustainability as an opportunity to be an even more innovative and diversified financial service provider.
Hansruedi Köng, Chief Executive Officer at PostFinance

How PostFinance assumes social responsibility

PostFinance has a long track record of social commitment. This means PostFinance not only provides its customers with reliable support, it is also a fair employer. Outside the financial sphere, PostFinance is also committed to society as a whole with its corporate citizenship work. The company supports the young generation: athletes, school pupils and young entrepreneurs. Because if you want to have creative minds tomorrow, you must encourage young people today.

As an employer

The unique culture at PostFinance is key to the company’s success. Its employees are incredibly innovative, treat each other as equals and support one other. The staff at PostFinance also work in a modern environment: state-of-the-art workstations and home working and flexitime opportunities for a perfect work-life balance.

Investing in apprenticeships is very important to PostFinance. The Competence Center for Young Professionals (CCYP) is a talent incubator for information and communications technology (ICT) professions at PostFinance, providing a continual supply of qualified specialists. Adopting an interdisciplinary approach, the apprenticeship center trains the professionals of the future in the fields of IT, mediamatics, interactive media design and commercial. The CCYP was awarded the accolade of “Great Place to Start” in August 2018 as one of the best training companies in Switzerland.

How PostFinance assumes economic responsibility

PostFinance offers its customers sustainable investment solutions. The company also places great emphasis on investing the customer deposits entrusted to it not just according to economic but also ethical and sustainable principles. Through The link will open in a new window MoneyFit, we also improve the financial skills of children and young people.

With sustainable financial investments

At PostFinance, customers can put their money into sustainable investments.

With e-asset management and investment consulting plus, customers can select “Sustainable” as their investment focus, which will provide them with an investment portfolio geared towards sustainability. This means that sustainability criteria with regard to the environment, society and responsible corporate management are taken into account in order to invest in a more environmentally friendly manner.

More information on the investment process and the investment universe:

Through stringent monitoring of financial investments

PostFinance places great emphasis on not investing the customer deposits entrusted to it in savings and investment accounts in companies that support unethical business practices, either directly or through their products, and/or which harm the environment. When investing its customer deposits, PostFinance therefore regularly checks according to the criteria of the Norwegian sovereign wealth fund whether there are grounds for exclusion. You can find the exclusion list here: www.nbim.com.

However, there are currently no companies from the oil and gas sector on the exclusion list. The revenues from this sector are an important source of earnings of the Norwegian sovereign wealth fund and constitute a latent conflict of interest in the assessment of oil and gas companies. For this reason, PostFinance also takes into account the ESG ratings of the independent ESG rating agency ISS ESG in this sector and excludes the most environmentally damaging companies from investments. The exclusion criteria are thus even stricter than the Norwegian sovereign wealth fund.

How PostFinance assumes environmental responsibility

Conserving natural resources is not only an economic necessity. It also helps to strengthen PostFinance’s competitiveness and credibility. PostFinance applies an appropriate set of measures that it is expanding with the aim of reducing its carbon footprint over the next few years.

Targeted environmental management

PostFinance’s environmental management system is based on the environmental management standard ISO 14001. PostFinance uses this to coordinate and control environmentally relevant activities and implement its environmental policy on the basis of defined environmental goals.

Active CO2 reduction

To meet the power requirements of its data centers, PostFinance has obtained certificates for 100% renewable hydroelectric power. PostFinance is also actively cutting CO2 emissions by making environmentally friendly investments, optimizing systems on an ongoing basis, embracing renewable sources of energy more and more for electricity and heating and by setting CO2 emission limits for procuring passenger vehicles. To make public transport more appealing to its staff, PostFinance offers incentives such as a free Half Fare Travelcard and a discounted GA Travelcard.

Economical water use

PostFinance strives to save water, and proactively seeks to reduce water consumption. For instance, it uses AquaClics and has converted to dry-cleaning at the Engehalde site.

Reduced paper consumption

Since 2007, PostFinance has printed customer documents, advertising material and internal printed matter on FSC paper whenever possible. PostFinance also tries to save paper. PostFinance has been able to reduce its paper consumption thanks to internal guidelines, the introduction of batch items and, not least, e-finance.

We are committed, and are taking action today for tomorrow

PostFinance will be even more active when it comes to sustainability in future. To this end, it has enshrined its holistic approach to sustainability management in its strategy. One of PostFinance’s objectives is to be more transparent about its CO2 footprint, and to systematically reduce it. It is also aligning its business activities with The link will open in a new window the UN’s Sustainable Development Goals (SDGs), and wishes to make a major contribution to certain SDGs.

There are a wealth of opportunities in sustainability. PostFinance wants to tap into these on a systematic basis to launch new and innovative customer solutions. Examples of this are its commitment to the The link will open in a new window Swiss Climate Challenge initiative, The link will open in a new window proactively seeking sustainable business models (impact banking) as well as its participations in entities such as The link will open in a new window RaiseNow, The link will open in a new window BetterTradeoff andThe link will open in a new window Sentifi.

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